5 Perfect Careers for Finance Majors With Available Jobs Now!

November 21st, 2013

Being in the finance industry doesn’t only mean that you’ll be working with money, it also often means that you’ll be making quite a few grands. Probably that’s why so many young and not-so-young people are opting for a degree in finance with the goal of ultimate career stability and growth.

What’s great about most finance careers is that many occupations are in demand even in these challenging economic times. Finance majors must have been alerted by reading this, and therefore we are going to present our top 5 picks of finance jobs that are now hiring!

5 Perfect Careers for Finance Majors with Available Jobs Now

1. Cost Estimators

Number of Jobs to be added between 2010 and 2020 = 67,500

Average Annual Salary = $63,080

As a cost estimator, you will be involved in predicting the cost of construction and manufacturing projects, assessing time, money, labor and other material resources required to complete a project. Candidates with a bachelor’s in finance are strongly preferred by employers for this occupation.

2. Management Analysts

Number of Jobs to be added between 2010 and 2020 = 157,200

Average Annual Salary = $88,070

Management analysts provide consultancy to various organizations, both local and multinational ones, for improving their efficiency by increasing revenues and minimizing costs. A bachelor’s degree is typically required for this career, while majoring in finance will definitely give you an edge.

3. Accountants and Auditors

Number of Jobs to be added between 2010 and 2020 = 190,700

Average Annual Salary = $71,040

The need for thorough financial documentation and more stringent financial and accounting regulations are behind the increased demand for these professionals. A bachelor’s degree in accounting or a related field such as finance, together with the required certifications will prepare you well for this career.

4. Personal Financial Advisors

Number of Jobs to be added between 2010 and 2020 = 66,400

Average Annual Salary = $90,820

Aging baby boomers and increased awareness about smarter financial planning for one’s future will increase the demand for personal financial advisors to help people manage their investment, taxes and insurance decisions. You bachelor’s degree in finance will help you quite a bit through courses such as investment and risk management, estate planning, etc.

5. Financial Analysts

Number of Jobs to be added between 2010 and 2020 = 54,200

Average Annual Salary = $89,410

Where personal financial advisors guide individuals, financial analysts guide businesses in making smart investment decisions by assessing the performance of various investment instruments such as stocks and bonds. A growing range of financial products, including those from other geographic regions will help boost demand for this occupation.

With some of these careers, you can truly prove your mettle and make the most of your finance degree. Make an informed decision according to which of these matches your preferences more.

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